Aug 19, 2022 | Tax Credit
The IRS reminds taxpayers who’ve yet to file their 2021 federal income tax return and are on a tax extension, to make sure they take advantage of the deductions and credits for which they’re entitled and to file electronically as soon as possible....
Aug 17, 2021 | IRS, Tax Credit
The Internal Revenue Service announced it is providing transition relief to certain employers claiming the Work Opportunity Tax Credit (WOTC). The WOTC is a federal income tax credit available to employers that hire certified members of certain groups specified in...
Apr 6, 2021 | Tax Credit, Tax Deductions, tax season
Tax season is here and sadly, taxes are an annual occurrence for most of us. With all of the changes to our current economy, it is easy to forget some minor details. There are some slight changes to tax policy since this year was the start of a new administration...
Nov 7, 2019 | Tax Credit, Tax Deductions
The last thing anyone wants is to find out is that the IRS is billing them for a couple of thousand dollars or that they owe a penalty. As we have heard countless times, it is better to overpay and receive a return than to pay too little and have another bill to worry...
Oct 14, 2019 | Tax Credit
Two Education Credits Help Taxpayers with College Costs With school back in session, parents and students should look into tax credits that can help with the cost of higher education. They do this by reducing the amount of tax someone owes on their tax return. If the...
